Brookville homes start at $1M and continue to lure the affluent

The arboretum at Long Island University, Post campus,

The arboretum at Long Island University, Post campus, is a draw, as is its museum, for residents of Brookville. (Oct. 7, 2013) (Credit: Johnny Milano)

In the early 1900s, wealthy New Yorkers came to Brookville to build lavish country homes on sprawling properties. Notable residents included banker, attorney and diplomat Winthrop W. Aldrich, who built a 40-room manor on 108 acres.

Today, this bucolic North Shore village continues to attract the affluent. In fact, in 2009, the village of Brookville was named by BusinessWeek magazine as the wealthiest community in the United States.

"Most come for the schools and privacy," says Elyse Mayer of Douglas Elliman Real Estate. "It's in a great spot. I love its proximity to New York City," adds Shawn Elliott, owner of Shawn Elliott Luxury Homes & Estates. (It's about 25 miles to Manhattan.)


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And the village is one of the few places in Nassau County where you can find a horse property, says Lois Kirschenbaum of Daniel Gale Sotheby's International Realty .

Narrow winding roads weave throughout the village, where the size of manicured properties is at least 2 acres. Buyers can find just about any style home. And they come in a variety of sizes -- from modest to grand.

Prices typically start north of $1 million. A fixer-upper or knockdown on a 2-acre parcel can fetch $1.3 million to $1.5 million, Kirschenbaum says. Homes in Broadhollow, a premier area of Brookville, start at about $3 million, Elliott says.

SALES PRICES. From Aug. 1, 2012, to Sept. 30, 2013, there were 29 sales with a median price of $1.650 million, according to Multiple Listing Service of Long Island data. The low price was $875,000, and the high was $3.75 million. From Aug. 1, 2011, to Sept. 30, 2012, there were 24 sales. The median price was $1,588,500, with a low of $950,000 and a high of $2.9 million.

ATTRACTIONS. LIU Post offers cultural and recreational venues for the public, including the Tilles Center for the Performing Arts, the Steinberg Museum of Art and the 40-acre arboretum. The private Tam O'Shanter Club on Fruitledge Road features an 18-hole golf course.

MORE BROOKVILLE STATS

Town: Oyster Bay

Area: 4 square miles

ZIP code: 11545

Population: 3,467

Median age: NA from U.S. Census at press time because of government shutdown

Median household income: NA from U.S. Census

Median home value: $1,662,500*

LIRR time to NYC: 39 minutes to 52 minutes at peak

Monthly ticket: $276

School districts: Jericho and Locust Valley

Sources: LIPA; mlslI.com; LIRR; Daniel Gale Sotheby's International Realty; Newsday, Our Towns

*Based on sales in the past six months, according to MLSLI

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